745 karma · joined December 25, 2014
The US dollar and S&P 500 has outperformed all peers
US GDP growth has exceeded nearly all counties, including emerging markets (adjusted for inflation). Meanwhile Russia, EU, Australia, Canada and Japan all having problems due to falling oil and stagnation.
Yields still rock bottom due to huge demand for low yielding debt
America is not just pulling ahead of the rest of the world, it's running circles around it.
I hate to be the bearer of good news, but America, for all its flaws, is still the envy of the world. Its fastest-growing, most innovative tech companies and its most prestigious institutions of higher learning, such as the Ivy League, Caltech and MIT, are inundated with applicants from foreigners. Foreigners also can’t get enough of America’s most expensive real estate, nor can they get enough of America’s low yielding debt. If we really were in a ‘post America’ era as the left insists we are, none of this would be happening.
The US economy has hardly been in a slog, especially compared to the rest of the world. The last quarter of GDP was revised to 5% – the fastest growth since 2003.